Articles for tag: church members, cryptocurrency scam, Financial Deception, Investment Fraud, Pastor Fraud, Solano Fi, Washington state

Market News

Pastor Indicted for Cryptocurrency Scam Targeting Church Members: A Cautionary Tale on Trust and Fraud in Faith Communities

A pastor in Washington state, Francier Obando Pinillo, has been charged for allegedly scamming his congregation through a cryptocurrency scheme. Pinillo, 51, is accused of using his influence to encourage followers to invest in a fictional cryptocurrency called “Solano Fi,” claiming it would deliver high, guaranteed returns. He organized promotional events and created online groups ...

Market News

Pastor Indicted for Cryptocurrency Scam Targeting Church Members: A Cautionary Tale on Trust and Fraud in Faith Communities

Francier Obando Pinillo, a pastor from Washington state, has been charged with defrauding his congregation through a cryptocurrency scam. He allegedly convinced church members to invest in “Solano Fi,” claiming it was a dream-inspired, guaranteed investment with a monthly return of 34.9% and no risk. His promotion tactics included online seminars and social media, attracting ...

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